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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (923)	10/9/2006 2:49:25 PM
From: sean sanders	Read Replies (1) \| Respond to of 967

VRTX - looks like it could be on the verge of a breakout (although we are real close). ENER - looks great too; although we have various resistances to contend with on the way up. (the weekly chart looks like a large H&S top forming). But still 45 looks like the target. Like I said lots of resistances before the 45 mark thou; still we have a nice 'bowl' type of formation to push off from here. PFE - nice looking h&s bottom here on teh weekly; although it looks like we may retrace to the 25~ level and then bounce back up; if we do this I would think we should head up toward the 38 for a target and possibly beyond. VTSS - hmmm is this a new stock? I dont have much data for it. You still own it I assume? the chart looks like it could head higher (not quite sure how high thou); ie 1.15 or 1.25 look like likely candidates. OVTI - Looks like it could possiably go alot higher; weekly chart shows strong resistance at 14~ (although if we break below that - that wouldnt be a good sign). Daily shows a potential h&s bottom forming - it might form this and either close the gaps there or island reverse and strong up to the 19 level~ Lots of good picks here; Your right VTSS doesnt look that fun; although it does look like it will go up a little but (just not sure how much). ya, I've been out of the trading scene for awhile; wanting to get back into it again thou. Working on getting a better plan together.